Hot Potato

Facebook has accquired Hot Potato, a New York-based startup that specializes in social activity updates for an undisclosed amount according to an  announcement made by Hot Potato . The company will be shutting down operations within a month and delete all existing members data.

“This wasn’t an easy decision, especially since we’ve built up a base of dedicated users. If Hot Potato was going to sell to anyone, Facebook was the natural choice. Facebook is still small, moves fast, provides a great supportive environment for people to be entrepreneurial, and most importantly, Facebook builds great products. We’re looking forward to joining their team.” said a blog post on HotPotato.